Heiner Flassbeck and Erik Münster
People often ask whether Germany’s competitive position has deteriorated in recent years compared to other members of the eurozone, given that nominal wages have risen significantly in this country. Looking at developments from around 2020 onwards, …
If you are wondering why we are having an idiotic debate about economic policy, read the document linked here from Surplus magazine, which was taken over by a news agency. In it, Germany’s largest trade unions complain about the attacks on the welfare state that are carried out almost daily by the governing parties. …
Mercosur is on everyone’s lips. Wouldn’t the free trade agreement with several countries in Latin America be a golden opportunity to get one over on the USA? Couldn’t a new source of prosperity be tapped with the South Americans? But why has it taken over twenty years to seize this unique opportunity? …
Readers repeatedly point out that I should take note of the fact that long-term interest rates are currently not following the short-term rates set by the central bank, as I normally assume they do. They point out, for example, that long-term interest rates in Germany are currently tending to rise, …
